Crypto lender Amber Group is weighing options for its Japan unit, including a possible sale, and plans to apply for a Hong Kong license following the city’s pivot toward creating a digital-asset hub. The evaluation of...
Warburg Pincus gets approval to buy a 23% stake in China’s Zhong Ou
Warburg Pincus has received Chinese regulatory approval to buy a 23.3% stake in Zhong Ou Asset Management Co, as the U.S. private equity giant expands its foothold in China’s $3.8 trillion mutual fund market...
Bridgepoint plans sale of stake in French insurance broker Kereis, sources say
Private equity firm Bridgepoint Group Plc is preparing to sell its majority stake in French insurance broker Kereis, people familiar with the matter told Reuters, in a deal that could value the company in the region of...
Brookfield agrees to acquire France’s data centre firm Data4
French asset manager AXA IM said it has agreed to sell its stake in French data centre firm Data4 to Brookfield Infrastructure for an undisclosed amount. For Brookfield, the deal marks its entrance into the European...
KKR buys stake in communications firm FGS Global
Private equity firm KKR & Co Inc has agreed to buy a significant stake in FGS Global in a deal that values the financial communications group at about $1.4 billion. As part of the deal, KKR will buy up a 30% stake...
Uber’s Middle East subsidiary Careem offloads 50.3% stake in super app to Emirates Telecom
A super app managed by Uber Technologies’ Middle East subsidiary Careem has offloaded a 50.3% stake to Emirates Telecommunications Group Company for $400 million, e& said in a filing. The super app will be...
Online vitamins retailer Sunday Natural explores sale – sources
Sunday Natural, an online retailer that makes nutrition products including vitamins and food supplements, is exploring options including a possible sale, according to people familiar with the matter. Berlin, Germany...
Canadian entrepreneur Lassonde plans to buy blocking stake in Teck’s Elk Valley, Globe and Mail reports
Canadian entrepreneur Pierre Lassonde is planning to buy a blocking stake in Elk Valley Resources, the steel-making coal unit to be spun off by Teck Resources Ltd, the Globe and Mail reported. In an interview with the...
Unstable markets drag Canadian M&A, debt issuance to four-year low
Canadian dealmakers are optimistic about a return to strength in the second half of the year after mergers and acquisitions in the first quarter dropped to pandemic levels, belayed by higher borrowing costs and panic...
Imarticus Learning acquires HeroMindmine
Professional education firm Imarticus Learning has acquired HeroMindmine, the Hero Group training arm, for an undisclosed amount. This is the third acquisition for the Mumbai-based firm. It had previously acquired...
Travel and expense management firm Navan to acquire Tripeur
Navan, a travel and expense management super app announced its agreement to acquire Bangalore-based Tripeur, a travel management company for an undisclosed amount. Tripeur, a corporate travel experience solution, serves...
CCI approves SREI Infrastructure Finance’s acquisition by NARCL, IDRCL
Fair-trade regulator CCI on Thursday said it has approved the acquisition of SREI Infrastructure Finance by National Asset Reconstruction Company Ltd and India Debt Resolution Company Ltd. The deal has been cleared...
